Parlux (PARL) Fragrances Message Board

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Non-Tech : Parlux (PARL) Fragrances

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To: Brian Mardis who wrote (475)	10/26/1997 1:28:00 AM
From: StaggerLee	Read Replies (1) of 527

I've looked but haven't been able to find anything to explain the 22% drop Friday. No news or PR's that I can find. It looks like somebody put in a sell order around noon, and it was big enought to take out every buy order down to 1 1/2. With the recent low volume it wouldn't take much to accomplish that. This company has been so quiet about news/developments it's not surprising there's no interest in the stock. Maybe a value fund will discover it over the weekend. Maybe somebody needed to sell 150,000 shares to free up cash for something else (like maybe a cheeseburger and fries -- that's about all it's worth anymore!).

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